Simultaneous pricing and inventory management of deteriorating perishable products

DOI10.1007/s10479-014-1753-9zbMath1358.90007OpenAlexW2065152687MaRDI QIDQ492807

Prashant Chintapalli

Publication date: 21 August 2015

Published in: Annals of Operations Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10479-014-1753-9

zbMATH Keywords

Markov decision processespricingmyopic policyperishable inventory management

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Inventory, storage, reservoirs (90B05)

Related Items (8)

Pricing and lot-sizing decisions for perishable products when demand changes by freshness ⋮ Two-period pricing and ordering decisions of perishable products with a learning period for demand disruption ⋮ Retail store operations: literature review and research directions ⋮ Potential additional profits of selling a perishable product due to implementing price discrimination versus implementation costs ⋮ An effective approach for optimization of a perishable inventory system with uncertainty in both demand and supply ⋮ Two-period pricing and inventory decisions of perishable products with partial lost sales ⋮ On the \((Q,r)\) policy for perishables with positive lead times and multiple outstanding orders ⋮ A non-cooperative game model for managing a multiple-aged expiring inventory under consumers' heterogeneity to price and time

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